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The US bankruptcy scandal playing out in a Texas border town

Once one of the most powerful judges in US restructurings, David Jones is now embroiled in a racketeering case along with two top law firms
Judge David Jones, pictured, and Liz Freeman failed to initially disclose their relationship, in what has been cast as grave breach of legal ethics and judicial rules

Judge David Jones returned to a federal court in Texas last Thursday. But the man who was once a kingmaker jurist in the US’s biggest corporate restructurings was not perched on the bench in Houston, wearing his regal robes.

Rather he was 350 miles away in a courtroom in an dusty town near the Mexico border, Del Rio, sitting in the back row. Once known for his imperious temperament, he now watched quietly as a handful of the 15 or so lawyers in the room did the talking.

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